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Shanghai Gold Exchange gold T+D closed down 2.33% at 961.2 yuan/gram on May 28 (Thursday); silver T+D fell 3.69% to 17,815 yuan/kg.
2026-05-28
Shanghai Gold Exchange gold T+D closed down 2.33% at 961.2 yuan/gram on May 28 (Thursday); silver T+D fell 3.69% to 17,815 yuan/kg.
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2026-05-28
Federal Reserve's Williams: It's difficult to detect fundamental changes in productivity in real time.
Federal Reserve's Williams: It's difficult to detect fundamental changes in productivity in real time.
2026-05-28
Thursday the Strait of Hormuz was largely deserted as commercial shipping stayed clear amid fears of renewed military escalation after a second round of US strikes this week on Iranian military targets. By Thursday morning no commercial vessels were
Thursday the Strait of Hormuz was largely deserted as commercial shipping stayed clear amid fears of renewed military escalation after a second round of US strikes this week on Iranian military targets. By Thursday morning no commercial vessels were transiting the channel. Shipping was already thin on Wednesday: Bloomberg AIS data showed only six transits in both directions that day, including a Turkish Suezmax entering the Persian Gulf to load. Iran said multiple vessels tried to enter the Gulf overnight without permission, with some turning back and two intercepted; those claims are unverified due to heavy signal jamming and navigation-system failures that have hampered external tracking. Tehran also reported 26 vessels transited the strait in the past 24 hours, a figure it said may include small coastal craft.
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